Search the Archive

Economy: Consumer Confidence, Housing Prices / Mortgages #876634

CBS Evening News for Tuesday, Oct 30, 2007
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Katie Couric) The consumer confidence and housing price numbers cited.

(New York: Anthony Mason) The ouster of Merrill Lynch CEO Stanley O'Neal due to the housing mortgage crisis examined; details given about other executives in the firing line due to multi-billion dollar losses: Citi's Charles Prince and Countrywide Financial's Angelo Mozilo, who sold company stock this year. ["Forbes" magazine editor Neil WEINBERG†- says Merrill Lynch bet heavily on the mortgage market and got bad debt; predicts an economic slowdown.] [William PATTERSON - says Mozilo was at the center of the mortgage meltdown and Countrywide must act.]

Reporter(s):
Couric, Katie;
Mason, Anthony
Duration:
00:02:20

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.